Quote:
Originally Posted by DEA
Had a conversation with a friend of mine and he suggested that buying silver coins is a solid investment as the price will definitley go up. he said it was about $30 and will eventually be over $100 per oz..i would assume it would go up just not sure fo how long it will take to reach that level/
Any thoughts on this?  |
Like anything else, if you would have bought a lot 2 years ago when the price was around $10 - $12 an ounce you would be doing good right now. It exploded since then up to $31-$32 a week or so ago, has fallen off a couple bucks since then. Like other things that explode, most of the time the prices fall back down to realistic levels so don't be surprised to see it have a decent drop in the near future.